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Bonhams, the storied British auction house, has opened entries for its Autumn Stafford Sale, scheduled for October 10-11. It follows the record-breaking Spring Stafford Sale, another major event underscoring the strength of demand in the classic motorcycle market.
The Stafford auction has had a special ring to it ever since my time in London. Over there, bidding on a legendary bike is participation in culture as much as it is speculation. Hearing a record was set in spring reminds me all over again of the depth of European motorcycle culture. Curious to see what the autumn lineup brings.
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Bonhams running events at this scale twice a year really symbolizes how hot the classic bike market has gotten.
Going to a twice-a-year regular schedule might be a sign the market's maturing.
How does someone actually go about consigning a bike to auction? Is there some kind of screening process?
You're apparently required to submit a vehicle valuation request beforehand — best to check the official site for details.
This is the same venue where that £967,000 MV Agusta sold in spring, so I can't help but have high hopes for autumn too.
Holding it right after a record was set does leave a little worry that prices might be running too hot.
Even if things feel a bit overheated, it just means there's real underlying demand — not necessarily a bad thing.
Consignment entries just opened, so the actual lineup will probably come out later.
Given how many records the spring sale broke, autumn looks set to be pretty huge too.
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